Category: Business Energy News

Wholesale energy markets ended January 2018 approximately 5% lower though with some price volatility throughout the month. While there was some reasonably bullish news under-pinning both the gas and oil markets in January, this was out-weighed by a healthy UK system because of a good overall supply position. Movements in the structure of the forward […]

Whereas UK’s energy prices were quite volatile during December 2017, particularly for this winter’s delivery, prices ended the month pretty much where they started. As might be expected, market movements were primarily related to changeable weather conditions, though there was some fundamental impact related to short term disruptions to supply in Europe because of the […]

The buying team of the year is fast becoming one of the most hotly contested categories in the Energy Awards. The field is so strong that it is no longer enough simply for teams to demonstrate successful performance – judges now look for additional factors to separate out the winners from the chasing pack. This […]

November 2017 was a reasonably volatile month for wholesale energy prices; markets were firm too, with oil prices rising ~5%, UK power ~10% and gas ~20% over the month. The price volatility was driven by both political, the pending OPEC meeting, and fundamental issues, primarily a colder than normal November, with signs that winter may […]

Wholesale energy prices have generally moved up during October 2017. UK’s gas and electricity annual prices increasing by just under 5% whereas oil prices increased about 10%. Prompt energy markets were volatile, driven primarily by changing short term weather forecasts and forward UK prices trended up, primarily because of stronger oil prices and weaker sterling. […]

Pulse along with Nottingham Express Transit (NET) have been nominated for Energy Buying team of the year 2017. The award is based on Pulse and NET’s energy procurement between 2015 and 2018. The case study below references the procurement strategy and its evolution over the period. Managing Director Ben Dhesi commented: “We are proud to […]

Despite a relatively volatile month for oil, and news that some French nuclear plant will be off-line during October at least, forward UK energy prices ended the month at similar price levels to where they started. Throughout the month, UK power and gas prices were also quite volatile with the general nervousness, resulting in a […]

After several months of seeing the annual price move pretty much sideways, the market eventually moved up quite strongly, reflecting the structural strength demonstrated by the power market. Historically, August is normally a flat month so it was perhaps somewhat surprising to see UK energy prices rise >5% in August, taking prices back up to […]

During the past few months, there have been several fundamentally significant developments reported; the permanent closure of Rough (UK’s large gas storage facility), an extension to the maintenance period at Kollsnes Gas field in Norway, various announcements related to restrictions in OPEC oil exports and other political matters. Generally speaking, such news would normally be […]